Swiss National Bank Signals for CBDC - Coinleaks
Current Date:September 19, 2024

Swiss National Bank Signals for CBDC

Swiss National Bank ( SNB), Switzerland’s SIXcentral bank digital currency on the digital exchange ( CBDC) will remove.

Digital assets Its spread on a global scale has mobilized countries as well. In many countries, efforts are being made to digitize traditional payment methods. Prominent in these studies CBDCsis inspired by cryptocurrencies.

Switzerland Centre baseHe stated that he was aware of the decrease in the use of cash. Switzerland Centre basehead Thomas Jordangave a CBDC message in a forum he attended.

Swiss National Bank Issues CBDC

Swiss National Bank ( SNB), central bank digital currency ( CBDC ) speeds up their work. In Switzerland, where the protection of cash has been discussed in the past months, a new move has been made for the CBDC.

Switzerland Centre basehead Thomas Jordanspoke about the CBDC at a forum in Zurich. JordanAs part of the CBDC work, Switzerland’s SIX He stated that they will issue CBDC on the stock exchange. Underlining that this is a pilot application, Jordangave the message that they aim to measure the attitude of market participants.

Switzerland Centre base With this work, it will reveal a digital currency equivalent to bank reserves. The purpose of this study will be to test real transactions through market participants.